BankUnited, Inc. operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts, as well as certificates of deposit; and treasury management services. Its loans portfolio includes small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal and non-profit loans and leases, commercial and residential mortgage warehouse lines of credit, letters of credit, and consumer loans, as well as purchases performing residential loans. The company also offers integrated on-line, mobile, and telephone banking services. As of December 31, 2017, it operated through a network of 87 branches located in 15 Florida counties; and 6 banking centers in the New York metropolitan area, as well as 89 automated teller machines. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was founded in 2009 and is headquartered in Miami Lakes, Florida.
Industry, Sector and Symbol
Industry Federal savings institutions
Sub-IndustryRegional Banks
SectorFinance
Phone305-569-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.36 billion
Profitability
Miscellaneous
Employees1,763
OptionableOptionable
BankUnited (NYSE:BKU) Frequently Asked Questions
What is BankUnited's stock symbol?
BankUnited trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKU."
How often does BankUnited pay dividends? What is the dividend yield for BankUnited?
BankUnited announced a quarterly dividend on Monday, December 24th. Investors of record on Monday, January 14th will be paid a dividend of $0.21 per share on Thursday, January 31st. This represents a $0.84 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend is Friday, January 11th. View BankUnited's Dividend History.
How will BankUnited's stock buyback program work?
BankUnited announced that its board has approved a stock repurchase program on Wednesday, January 24th 2018, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its stock is undervalued.
How were BankUnited's earnings last quarter?
BankUnited (NYSE:BKU) posted its quarterly earnings results on Wednesday, January, 23rd. The financial services provider reported $0.59 EPS for the quarter, beating the consensus estimate of $0.58 by $0.01. The financial services provider earned $328.38 million during the quarter, compared to analysts' expectations of $314.33 million. BankUnited had a net margin of 46.00% and a return on equity of 11.89%. The business's quarterly revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.62 earnings per share. View BankUnited's Earnings History.
When is BankUnited's next earnings date?
What price target have analysts set for BKU?
10 brokers have issued 1 year price objectives for BankUnited's shares. Their forecasts range from $34.00 to $47.00. On average, they expect BankUnited's share price to reach $40.70 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price. View Analyst Price Targets for BankUnited.
What is the consensus analysts' recommendation for BankUnited?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BankUnited in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BankUnited.
Has BankUnited been receiving favorable news coverage?
Media stories about BKU stock have trended very positive on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. BankUnited earned a news sentiment score of 3.7 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.
Who are some of BankUnited's key competitors?
Some companies that are related to BankUnited include E*TRADE Financial (ETFC), People's United Financial (PBCT), TFS Financial (TFSL), Umpqua (UMPQ), Provident Financial Services (PFS), Capitol Federal Financial (CFFN), LegacyTexas Financial Group (LTXB), Axos Financial (AX), Columbia Financial (CLBK), Flagstar Bancorp (FBC), Kearny Financial (KRNY), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Meta Financial Group (CASH) and Northfield Bancorp (NFBK).
Who are BankUnited's key executives?
BankUnited's management team includes the folowing people:
- Mr. Rajinder P. Singh, Founder, Pres, CEO & Director (Age 47)
- Ms. Leslie N. Lunak, Chief Financial Officer (Age 60)
- Mr. Thomas M. Cornish, Chief Operating Officer (Age 59)
- Mr. Jeffrey Starr, Gen. Counsel of BankUnited, National Association (Age 57)
- Mr. Rishi Bansal, Chief Investment Officer of BankUnited, National Association (Age 44)
Who are BankUnited's major shareholders?
BankUnited's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Douglas Lane & Associates LLC (1.70%), Strs Ohio (0.76%), Bank of Montreal Can (0.13%), Advisors Capital Management LLC (0.11%), Hennessy Advisors Inc. (0.09%) and Neville Rodie & Shaw Inc. (0.06%). Company insiders that own BankUnited stock include Douglas J Pauls, Eugene F Demark, Jeffrey Starr, John Adam Kanas, John N Digiacomo, Joseph Roberto, Mark Bagnoli, Rajinder P Singh and Thomas M Cornish. View Institutional Ownership Trends for BankUnited.
Which major investors are selling BankUnited stock?
BKU stock was sold by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., Hennessy Advisors Inc., Neville Rodie & Shaw Inc., Bank of Montreal Can and Douglas Lane & Associates LLC. Company insiders that have sold BankUnited company stock in the last year include Douglas J Pauls, Eugene F Demark, Jeffrey Starr, Mark Bagnoli, Rajinder P Singh and Thomas M Cornish. View Insider Buying and Selling for BankUnited.
Which major investors are buying BankUnited stock?
How do I buy shares of BankUnited?
Shares of BKU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is BankUnited's stock price today?
One share of BKU stock can currently be purchased for approximately $33.64.
How big of a company is BankUnited?
BankUnited has a market capitalization of $3.47 billion and generates $1.36 billion in revenue each year. The financial services provider earns $614.27 million in net income (profit) each year or $2.65 on an earnings per share basis. BankUnited employs 1,763 workers across the globe.
What is BankUnited's official website?
How can I contact BankUnited?
BankUnited's mailing address is 14817 OAK LANE, MIAMI LAKES FL, 33016. The financial services provider can be reached via phone at 305-569-2000 or via email at [email protected]
MarketBeat Community Rating for BankUnited (NYSE BKU)
MarketBeat's community ratings are surveys of what our community members think about BankUnited and other stocks. Vote "Outperform" if you believe BKU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BKU will underperform the S&P 500 over the long term. You may vote once every thirty days.
